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Investors could call them chips passing in the night. While semiconductor stock AMD soars this year, jumping more than 60 percent in just three months, its peer Micron is badly underperforming. Micron shares are down around 4 percent in that period, placing the stock on track for its first negative quarter in more than two

General Electric shares fell below $12 per share for the first time since July 24, 2009 on Wednesday, plowing a new low for the stock this year as investors appear concerned about the embattled industrial company’s turnaround plan. Shares of GE fell more than 2 percent in trading, slipping as low as $11.94 per share.

Macy’s shares tumbled Wednesday morning despite the department store operator reporting quarterly earnings and sales that topped analysts’ expectations and hiking its forecast for the full year. Amid tax reform and strong employment, consumers have been spending more across the U.S. and are expected to do so through this holiday season. However, Macy’s is still

Alimony payments will fall under new tax rules starting in 2019. That could mean big changes for your retirement accounts. It’s all a part of the Tax Cuts and Jobs Act that was ushered in by Congress late last year. Under the new regulations, the individual who pays alimony to an ex-spouse will no longer

Two years after shutting its doors, the legendary Four Seasons restaurant is set to reopen in a new location in New York City. But while the space is brand new, co-owner Alex Von Bidder believes bold-faced names who frequented the restaurant through the years will still feel at home. “The feeling is the same. The

J.P. Morgan shared with its clients the firm’s best current stock picks in the U.S. pharmaceuticals sector. “We continue to see an attractive fundamental set-up for the Major Pharma group with an upward bias to EPS estimates and with the group still inexpensive in our view, trading at a significant discount to the broader market,”

While the failed merger between Walgreens and Rite Aid has led to the pharmacy chains struggling to find their footing, their rival CVS has had the chance to shine, CNBC’s Jim Cramer said. “When the FTC blocked the Walgreens-Rite Aid merger, they actually laid the groundwork for less competition, because the delay and subsequent confusion

Nvidia shares have had an unusually good year, rising 32 percent versus an 8 percent gain in the semi-tracking SMH ETF. It’s the second-best performing chip stock in the S&P 500 this year, behind AMD. Ahead of the Nvidia quarterly earnings on Thursday afternoon, options traders are predicting some unusual behavior. Stacey Gilbert, head of

Check out the companies making headlines after the bell: Energen surged more than 7 percent in after-hours trading after Diamondback Energy announced it was acquiring the oil and gas company for about $9.2 billion, including debt, or $84.95 per share. The acquisition price represents a 16.1 percent premium to Tuesday’s closing price of $73.14. The

Financial planning is a complex topic with numerous moving parts, and many aspects of it are best tackled with a professional by your side. However, there are also many simple but powerful things you can do yourself to improve your financial situation quite dramatically over time. Our biggest enemy when it comes to building wealth

Next year’s raise – if you get one – could be slightly bigger. A record low unemployment rate and tighter job market is making employers more generous, especially for top performers, according to risk management, insurance brokerage and advisory firm Willis Towers Watson. Between April and July, Willis Towers Watson surveyed 814 companies in a

Activist investor Jana Partners has taken new stakes in Alibaba, Alphabet, Facebook, Wells Fargo and Microsoft, according to a new regulatory filing Tuesday that discloses positions through the end of the second quarter. Facebook was a rapid about face for the fund, which disclosed in May that it had sold all its holdings of Facebook

SpaceX showed off its Crew Dragon capsule on Monday, the spacecraft the company built to launch humans to orbit, as well as introduced the first four NASA astronauts which will fly in it. “We are not going to fly until we’re ready to fly these folks safely,” SpaceX President and COO Gwynne Shotwell told reporters,

Tapestry reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday, driven by strong performance of its Kate Spade brand. Shares of the company rose more than 4 percent in premarket trading. The company, formerly known as Coach, bought Kate Spade last year in a $2.4 billion deal, but has struggled to rein in

Morgan Stanley is a big believer in the merger between Salesforce and MuleSoft. The firm raised its price target to $178 from $153, a 16 percent increase, for Salesforce shares, predicting a big rise in its sales during the coming years from the deal. In March Salesforce announced an agreement to buy MuleSoft for about

It generally pays to wait to claim Social Security retirement benefits. That’s because the longer you delay — up until age 70 — the larger the monthly check you will receive. One key calculation to keep in mind, though, in deciding when to take benefits, is “breakeven,” or the point at which the amount you

Check out the companies making headlines after the bell: Shares of Vipshop plunged nearly 10 percent after Monday’s close on the back of weaker-than-expected earnings and revenue for the second quarter. The Chinese e-commerce company reported a profit per share of 0.84 renminbi and sales of 20.74 billion renminbi. Analysts polled by Reuters expected Vipshop

It’s retail’s time to shine this earnings season with industry leaders Walmart, Nordstrom and Home Depot each set to report quarterly results this week. Only one retail name looks like a winner to Mark Newton, technical analyst at Newton Advisors. “Macy’s looks like the real standout candidate to me among the group,” Newton told CNBC’s

Elon Musk said Monday that he is working with Goldman Sachs and Silver Lake on taking Tesla private. In a Twitter post, Musk said those two firms are acting as financial advisors, and he’s also working with Wachtell, Lipton, Rosen & Katz and Munger, Tolles & Olson as legal advisors. Elon Musk tweet: I’m excited

Shares in German meal-kit delivery firm HelloFresh slumped on Monday after it said it no longer expected to break even in the fourth quarter of this year as it plans to invest margin profits to support growth. HelloFresh added it now planned to achieve such break-even on adjusted earnings before interest, taxes, depreciation and amortization

If a full-blown, tit-for-tat U.S.-China trade war erupts, a slew of consumer goods could be subject to as much as 25 percent in tax. On the hit list: imported, Chinese-made vaping devices. That could have far reaching consequences for the vaporizer industry, as well as the booming cannabis industry, which has been growing like a

Amazon’s stunning growth in the internet advertising market will boost the company’s shares, according to Piper Jaffray. The firm reaffirmed its overweight rating for the internet giant’s stock, predicting its ad business profits will surpass its cloud computing income by 2021. “While the Street has been focusing on the trajectory of core retail, growth of

Most everyone looks forward to retiring while they are working, because they relish the thought of no longer having daily commitments. However, not many people understand how investing for retirement really works. Here are some commonly asked questions about retirement plans. 1. When should I begin taking distributions from a pension, profit-sharing or 401(k) plan?

Sales at U.S. companies with significant emerging market exposure posted a notably weak financial quarter, according to Goldman Sachs, amid a growing crisis in Turkey as well as ongoing trade and tariff woes in China. Of Goldman’s emerging market stock basket – which includes companies with sales in Brazil, Russia, India and China – only

The opioid epidemic in the United States has “peaked,” says Dr. Toby Cosgrove, one of the nation’s leading voices on health-care reform. “We’re starting to see the understanding of the problem,” Cosgrove said on CNBC’s “Squawk Box” on Monday. “[We] are getting to the point where people are certainty prescribing fewer drugs and people are

If your accountant told you to hold off on taking big steps to qualify for the new business owner tax break, you should thank him or her. That’s because your CPA just saved you a big headache. The IRS proposed a new rule on Aug. 8, addressing the 20 percent qualified business income deduction. This

He didn’t enter the year as a roaring bull, but market veteran Jack Ablin is finding reasons to get more positive on stocks. On CNBC’s “Futures Now” last week, the Cresset Wealth Advisors co-founder and chief investment officer listed five indicators that support the case for new record highs, and a positive year overall for

In the summer of 2013, with his health failing, the billionaire businessman Edgar M. Bronfman was visited at home by his youngest daughter, Clare. She brought with her a production crew that was making a film about a self-help group called Nxivm. Mr. Bronfman, the former chairman of Seagram Company, had long clashed with Clare

Dropbox is set to report its second earnings report as a public company on Thursday after the closing bell, and some see a buying opportunity afoot. Shares of the software and cloud storage company are up 11 percent since the initial public offering in March, but the ride hasn’t been entirely smooth. The stock is

Customs agents in Shanghai have refused to release a shipment of American-made Mercedes-Benz SUVs because of what they have described as a “safety risk.” Ostensibly, the Mercedes GLE and GLS models have a problem with their rear brakes that authorities want fixed before they are allowed into the country. But the timing of the move,